Technology

TSMC plans record investment in chip manufacturing expansion

Chip-manufacturing company TSMC reported a record Q4, with a 16.4% rise in profit. The company expects record chip demand in the coming years and is going ahead with its 2021 plan for a $100b expansion of its facilities.

TSMC has earmarked $40-$44b in 2022 order for increasing its manufacturing capabilities – that’s up from $30b in 2021…
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